EX-12 5 ca-ex12_20150331xq4.htm STATEMENT OF RATIOS OF EARNINGS TO FIXED CHARGES CA-EX12_2015.03.31-Q4


Exhibit 12
CA, Inc.
STATEMENT OF RATIOS OF EARNINGS TO FIXED CHARGES
(in millions, except ratios)
 
2011
 
2012
 
2013
 
2014
 
2015
Earnings available for fixed charges:
 
 
 
 
 
 
 
 
 
Earnings from continuing operations before income taxes, minority interest and discontinued operations
$
1,139

 
$
1,291

 
$
1,260

 
$
1,016

 
$
1,115

Add: Fixed charges
121

 
115

 
113

 
123

 
125

Total earnings available for fixed charges
$
1,260

 
$
1,406

 
$
1,373

 
$
1,139

 
$
1,240

Fixed charges:
 
 
 
 
 
 
 
 
 
Interest expense (1)
$
68

 
$
64

 
$
64

 
$
75

 
$
77

Interest portion of rental expense
53

 
51

 
49

 
48

 
48

Total fixed charges
$
121

 
$
115

 
$
113

 
$
123

 
$
125

RATIOS OF EARNINGS TO FIXED CHARGES
10.41

 
12.23

 
12.15

 
9.26

 
9.92

Deficiency of earnings to fixed charges
n/a

 
n/a

 
n/a

 
n/a

 
n/a

 
(1)
Includes amortization of discount related to indebtedness